Recently, DWF Labs is a name that is quickly emerging in the market as most of the projects they invest in have increased in price sharply. This promises to be a “bookmaker” that is mentioned a lot this season. Uptrend is coming. Today, you and I will learn together about one of the projects invested in by DWF Labs during this time, Kana Labs.
Overview of Kana Labs
What is Kana Labs?
Kana Labs is a collection of Web3 tools that help users have easier access to the DeFi, GameFi, NFT markets,… Kana Labs includes main products including: Liquidity aggregator from many Blockchain chains various, Cross-Chain Bridge Aggregator, Wallet, SDK Toolkit for projects, integrated developers. To better understand each Kana Labs product, let’s learn about the project’s operating mechanism
Mechanism of action
Liquidity aggregator: Kana Labs built its own liquidity aggregator, and also combined with other liquidity aggregators from many chains to ensure abundant liquidity for users.
Cross-chain bridge synthesizer: The project integrates many bridges across many different chains, and combines with multi-chain messaging tools to help users perform seamless cross-chain transactions, regardless of the transactions, such as Swap, Stake, Lending, Farming,… In addition, the project also builds a proprietary routing algorithm, helping to find the fastest and cheapest route on chains to perform transactions for users.
Wallet Account Abstraction: This is a smart e-wallet from Kana Labs, unlike other e-wallets, Kana Labs wallet allows users to log in with a gmail account or social network account, which significantly reduces the possibility of forgot password, opens a huge door for new users to enter the Web3 space. In addition, when using Kana Labs wallet, you can also pay gas fees with the token you are trading without caring which Blockchain it is on.
Mirai SDK: These are two frameworks including smart wallet SDK and middleware SDK. Projects can integrate the Smart Wallet SDK framework into their user interface to simplify the Web3 experience like on Web2, while users still have full control over their assets. The middleware SDK makes it possible for projects that integrate it to be deployed across multiple chains, either EVM or non-EVM.
Development Roadmap
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Core team
- Karthik Subramanian Co-Founder and CEO: Before founding Kana Labs, he founded Tradala Company, a company specializing in developing Blockchain products and solutions for businesses. In August 2021, he started founding Kana Labs.
- Parthasarathy Ramanujam Co-Founder and CTO: Has 22 years of experience in application development and infrastructure architecture solutions. He has worked for many companies such as Linux, Unix, Solaris, Microsoft, IBM,,,,
- Surbhi Singh: Is the head of business development at Kana Labs. She has a master’s degree in economics and has more than 7 years of experience working for a cryptocurrency exchange. Previously, she studied at Seoul National University.
Investors
On February 17, 2023, the project announced that it had received investment from DWF Labs fund, but did not specify the amount invested.
Tokenomics
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Exchanges
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Project Information Channel
- Website: Labs.io/
- Twitter: Labs
- Telegram: Labsofficial
- Discord:
Summary
Kana Labs is a diverse collection of tools, making it easier for users to enter the cryptocurrency space, as well as projects that can use Kana Labs toolkits to build products. products for yourself. Another plus point of Kana Labs is that it is invested from DWF Labs fund, a quite famous investment fund in recent times. The project has not yet launched tokens, so if everyone is interested, they can participate in experiencing the product. for a chance to receive Airdrop from the project.
